LOWCOUNTRY LAND TRUST INC: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- LOWCOUNTRY LAND TRUST INC (EIN 57-0809313)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2016-02-15
- IRS object ID
- 201600469349302155
- Schema version
- 2014v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule G
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-02-15T13:20:26-06:00 | ReturnTs |
| Tax Period End | 2015-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 570381582 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ELLIOTT DAVIS DECOSIMO LLCPLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 CALHOUN ST STE 300 | AddressLine1Txt |
| City | CHARLESTON | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 570809313 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOWCOUNTRY OPEN LAND TRUST INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LOWC | BusinessNameControlTxt |
| Phone | 8435776510 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 43 WENTWORTH STREET | AddressLine1Txt |
| City | CHARLESTON | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29401 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRADFORD S MARSHALL | PersonNm |
| Person Title | CHAIRMAN OF THE BOARD OF TRUSTEES | PersonTitleTxt |
| Phone | 8435776510 | PhoneNum |
| Signature | 2016-02-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRANDON T RENAUD | PreparerPersonNm |
| PTIN | P00743576 | PTIN |
| Phone | 8435777040 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-08-17 19:52:53Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | BRADFORD S MARSHALL | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 43 WENTWORTH STREET | AddressLine1Txt |
| City | CHARLESTON | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,566,601 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LOWCOUNTRYLANDTRUST.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1985 | FormationYr |
| Legal Domicile State | SC | LegalDomicileStateCd |
| Activity Or Mission | PROTECTING IRREPLACEABLE LOWCOUNTRY LANDS INCLUDING WORKING FARMS AND FORESTS, SCENIC VISTAS, RELATIVELY NATURAL HABITATS AND HISTORIC LANDSCAPES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 17 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 17 | VotingMembersIndependentCnt |
| Total Employee | 16 | TotalEmployeeCnt |
| Total Volunteers | 25 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $15,023,303 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,844,924 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $36,807 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $163,187 | CYProgramServiceRevenueAmt |
| PY Investment Income | $378,050 | PYInvestmentIncomeAmt |
| CY Investment Income | $364,444 | CYInvestmentIncomeAmt |
| PY Other Revenue | $71,565 | PYOtherRevenueAmt |
| CY Other Revenue | $14,196 | CYOtherRevenueAmt |
| PY Total Revenue | $15,509,725 | PYTotalRevenueAmt |
| CY Total Revenue | $3,386,751 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $880,877 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $903,394 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $267,391 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $13,874,424 | PYOtherExpensesAmt |
| CY Other Expenses | $473,888 | CYOtherExpensesAmt |
| PY Total Expenses | $14,755,301 | PYTotalExpensesAmt |
| CY Total Expenses | $1,377,282 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $754,424 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,009,469 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $17,382,582 | TotalAssetsBOYAmt |
| Total Assets EOY | $18,992,544 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $6,747,776 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $6,789,874 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $10,634,806 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $12,202,670 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO HONOR THE RELATIONSHIP BETWEEN PEOPLE AND LAND BY PROTECTING IRREPLACEABLE LOWCOUNTRY LANDS INCLUDING WORKING FARMS AND FORESTS, SCENIC VISTAS, RELATIVELY NATURAL HABITATS AND HISTORIC LANDSCAPES USING BOTH ESTABLISHED AND INNOVATIVE CONSERVATION APPROACHES. SINCE 1986, LOLT HAS PERMANENTLY PROTECTED 308 PROPERTIES ENCOMPASSING OVER 111,000 ACRES SPANNING THE 17 COUNTIES OF SOUTH CAROLINA'S COASTAL PLAIN. THE PROPERTIES INCLUDE WORKING FARMS AND FORESTLANDS, WATERWAYS AND WATERSHEDS, HUNTING PROPERTIES, HUMMOCK ISLANDS, VIBRANT MARSH TIDAL ECOSYSTEMS, BLACKWATER STREAMS AND LONGLEAF PINE RESTORATION AREAS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | Yes (1) | SignificantChangeInd |
| Expense | $572,182 | ExpenseAmt |
| Revenue | $35,284 | RevenueAmt |
| Desc | LAND PROTECTION:THE LOWCOUNTRY OPEN LAND TRUST CONTINUED WITH SIGNIFICANT GROWTH IN CALENDAR YEAR 2015, COMPLETING 11 LAND PROTECTION PROJECTS TO PERMANENTLY PROTECT AN ADDITIONAL 8,690 ACRES, BRINGING ITS TOTAL PROTECTED ACREAGE TO 111,794 ACRES. NINE OF THE PROJECTS WERE CONSERVATION EASEMENTS GRANTED BY PRIVATE LANDOWNERS AND ONE WAS A CONSERVATION EASEMENT GRANTED BY THE TOWN OF MEGGETT ON ITS FIRST PUBLIC PARK/PRESERVE. EIGHT OF THE CONSERVATION EASEMENTS WERE PURCHASED IN BARGAIN SALE TRANSACTIONS WITH GRANT FUNDS PROVIDED BY THE SOUTH CAROLINA CONSERVATION BANK AND TWO EASEMENTS WERE FULLY DONATED. IN ADDITION, THE LAND TRUST IMPLEMENTED A GROUNDBREAKING COLLABORATION WITH THE STATE OF SOUTH CAROLINA PORTS AUTHORITY IN ORDER TO OFFSET THE ENVIRONMENTAL EFFECTS FROM THE PLANNED DREDGING OF CHARLESTON HARBOR. THE FRENCH QUARTER CREEK PROJECT, IN CLOSE PROXIMITY TO THE KEYSTONE PROPERTY, EXPANDS ON THE MITIGATION WORK BEGUN IN 2014 IN THE COOPER RIVER CORRIDOR. PLANNED LAND MANAGEMENT ACTIVITIES INCLUDE TRANSITIONING A PORTION OF THE PROPERTY'S LOBLOLLY PINE PLANTATIONS TO A LONGLEAF PINE ECOSYSTEM AND ENHANCEMENT OF HISTORICAL WETLANDS. THE PROPERTY WILL BE SOLD TO A CONSERVATION BUYER WITH THE PROCEEDS BEING INVESTED IN ADDITIONAL LAND PROTECTION PROJECTS IN THE CORRIDOR. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $256,414 | ExpenseAmt |
| Revenue | $94,864 | RevenueAmt |
| Desc | STEWARDSHIP:IN THE 2015 CALENDAR YEAR, THE LOWCOUNTRY OPEN LAND TRUST MONITORED 100% OF ITS 308 PROTECTED PROPERTIES (CONSERVATION EASEMENTS, DEED RESTRICTIONS AND FEE-OWNED) COVERING 111,794 ACRES. ALSO FOR THE CALENDAR YEAR, STAFF ADDRESSED 109 STANDING ISSUES, LANDOWNER REQUESTS AND/OR ACTIVITY APPROVALS. AN AERIAL MONITORING PROGRAM TO AUGMENT ON-THE-GROUND MONITORING CONTINUED THROUGH 2015. FOR THE FISCAL YEAR JULY 2014 - JUNE 2015, ONE CONSERVATION EASEMENT WAS AMENDED AND NONE WERE EXTINGUISHED. THE ONE AMENDMENT SERVED TO INCREASE THE CONSERVATION VALUES OF THE PROTECTED PROPERTY. STEWARDSHIP STAFF ACTIVELY PARTICIPATED IN SEVERAL PARTNERSHIP PROJECTS INCLUDING THE RESTORATION/MITIGATION WORK ON THE KEYSTONE AND FRENCH QUARTER CREEK PROPERTIES, A LIVING SHORELINE PROJECT WITH THE NATURE CONSERVANCY, AND CONTINUED PLANNING FOR ANGEL OAK PRESERVE WITH THE CHARLESTON COUNTY PARKS & RECREATION, THE CITY OF CHARLESTON AND THE COLLEGE OF CHARLESTON. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $114,778 | ExpenseAmt |
| Revenue | $33,903 | RevenueAmt |
| Desc | EDUCATION & COMMUNITY RELATIONS (ECR):AS A RESULT OF CONSISTENT AND METHODICAL COMMUNITY ENGAGEMENT, IN FISCAL YEAR 2015, THE ECR DIVISION OF THE LOWCOUNTRY OPEN LAND TRUST:- CULTIVATED COMMUNITY SUPPORT ON JOHNS ISLAND TO BEGIN THE INITIAL PLANNING PHASES OF THE ANGEL OAK PRESERVE- CULTIVATED THE SUPPORT OF TRADITIONAL AND NON-TRADITIONAL AUDIENCES THROUGH ENGAGEMENT OPPORTUNITIES TAILORED TO EACH AUDIENCE- CONTINUED TO BUILD BUSINESS RELATIONSHIPS AND SUPPORT WITH CORPORATE AND ENTREPRENEURIAL GROUPS- LAUNCHED THE INITIAL PHASES OF THE ORGANIZATION'S REBRANDING EFFORT | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $943,374 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | Yes (1) | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 14 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 16 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 17 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 17 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KAREN ROWE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8434100672 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 43 WENTWORTH STREET | AddressLine1Txt |
| City | CHARLESTON | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|
| MRS BRADFORD S MARSHALL | |||||||
| BOARD CHAIR | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MR STEPHEN F GATES | |||||||
| VICE CHAIR | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MR DAVID MAYBANK III | |||||||
| TREASURER | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MR BOB BALDWIN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR J STANFIELD GRAY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MS ELEANOR MOORE KUHL | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR SAMUEL C CARLTON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MS CAROL ERVIN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DR ANN G KULZE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR THOMAS D W HUTTO | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR G TRENHOLM WALKER | |||||||
| SECRETARY | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MR BURNIE MAYBANK III | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR RICHARD W SALMONS JR | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR J CONRAD ZIMMERMAN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR FORD P MENEFEE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR R SCOTT WALLINGER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR J RUTLEDGE YOUNG JR | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ELIZABETH M HAGOOD | |||||||
| FORMER EXECUTIVE DIRECTOR | 40.00 | $134,250 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $134,250 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $2,370,640 | MembershipDuesAmt |
| Government Grants | $30,000 | GovernmentGrantsAmt |
| All Other Contributions | $444,284 | AllOtherContributionsAmt |
| Noncash Contributions | $45,725 | NoncashContributionsAmt |
| Total Contributions | $2,844,924 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TRANSFER FEES | 900099 | $94,000 | $94,000 |
| SPECIAL PROJECTS | 900099 | $35,284 | $35,284 |
| EDUCATIONAL EVENTS | 900099 | $33,903 | $33,903 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $163,187 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $282,039 | TotalRevenueColumnAmt |
| Exclusion | $282,039 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $250,858 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $168,231 | SecuritiesAmt |
| Other | $222 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $82,627 | SecuritiesAmt |
| Other | -$222 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $82,405 | TotalRevenueColumnAmt |
| Exclusion | $82,405 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $24,729 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $11,397 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,332 | TotalRevenueColumnAmt |
| Exclusion | $13,332 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $864 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $864 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $864 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,386,751 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $164,051 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $377,776 | ExclusionAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $777,611 | TotalAmt |
| Program Services | $525,816 | ProgramServicesAmt |
| Management And General | $100,503 | ManagementAndGeneralAmt |
| Fundraising | $151,292 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,255 | TotalAmt |
| Program Services | $44,801 | ProgramServicesAmt |
| Management And General | $8,563 | ManagementAndGeneralAmt |
| Fundraising | $12,891 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,528 | TotalAmt |
| Program Services | $40,252 | ProgramServicesAmt |
| Management And General | $7,694 | ManagementAndGeneralAmt |
| Fundraising | $11,582 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,600 | TotalAmt |
| Management And General | $17,600 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,253 | TotalAmt |
| Program Services | $15,993 | ProgramServicesAmt |
| Management And General | $3,669 | ManagementAndGeneralAmt |
| Fundraising | $4,591 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $69,336 | TotalAmt |
| Program Services | $45,721 | ProgramServicesAmt |
| Management And General | $10,490 | ManagementAndGeneralAmt |
| Fundraising | $13,125 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,498 | TotalAmt |
| Program Services | $4,498 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,795 | TotalAmt |
| Program Services | $13,053 | ProgramServicesAmt |
| Management And General | $2,995 | ManagementAndGeneralAmt |
| Fundraising | $3,747 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| LAND PROTECTION | $97,252 | $97,252 | ||
| OPERATIONS/ADMIN | $81,507 | $57,055 | $12,226 | $12,226 |
| EDUCATION AND OUTREACH | $53,910 | $53,910 | ||
| EVENTS AND SPEAKERS | $42,313 | $35,169 | $7,144 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,424 | TotalAmt |
| Program Services | $9,854 | ProgramServicesAmt |
| Management And General | $2,777 | ManagementAndGeneralAmt |
| Fundraising | $50,793 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,377,282 | TotalAmt |
| Program Services | $943,374 | ProgramServicesAmt |
| Management And General | $166,517 | ManagementAndGeneralAmt |
| Fundraising | $267,391 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $542,330 | BOYAmt |
| EOY | $566,751 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,250 | BOYAmt |
| EOY | $52,203 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45 | BOYAmt |
| EOY | $45 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $10,012,006 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $27,064 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,084,065 | BOYAmt |
| EOY | $9,984,942 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,697,834 | BOYAmt |
| EOY | $8,386,103 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,058 | BOYAmt |
| EOY | $2,500 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,382,582 | BOYAmt |
| EOY | $18,992,544 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,750 | BOYAmt |
| EOY | $1,559 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $50,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,735,026 | BOYAmt |
| EOY | $6,738,315 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,747,776 | BOYAmt |
| EOY | $6,789,874 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,678,119 | BOYAmt |
| EOY | $11,360,902 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $336,555 | BOYAmt |
| EOY | $221,636 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $620,132 | BOYAmt |
| EOY | $620,132 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,634,806 | BOYAmt |
| EOY | $12,202,670 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,382,582 | BOYAmt |
| EOY | $18,992,544 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $2,009,469 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$441,605 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,217,679 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,270,102 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $951,015 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $15,320,099 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,844,924 | CurrentTaxYearAmt |
| Total | $23,603,819 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,217,679 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,270,102 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $951,015 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $15,320,099 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,844,924 | CurrentTaxYearAmt |
| Total | $23,603,819 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $23,603,819 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $61,784 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $96,282 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $287,143 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $264,124 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $282,039 | CurrentTaxYearAmt |
| Total | $991,372 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,340 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,471 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,912 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,641 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $864 | CurrentTaxYearAmt |
| Total | $25,228 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $24,620,419 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $247,773 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.95870 | PublicSupportCY170Pct |
| Public Support PY170 | 0.96100 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, SECTION A AND B, COLUMN (E) | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION CHANGED ITS YEAR END TO JUNE 30 AS OF JUNE 30, 2013 AND FILED A SHORT YEAR RETURN FOR THAT PERIOD. THE NUMBERS FOR THE SHORT YEAR RELATED TO PUBLIC SUPPORT ARE INCLUDED WITH THE 2013 TAX RETURN FOR THE YEAR ENDED JUNE 30, 2014. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $819 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $819 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | THE LOWCOUNTRY OPEN LAND TRUST PRESIDENT, ALONG WITH OTHER LAND TRUST LEADERS ACROSS THE NATION, MET WITH LEGISLATORS ABOUT IMPORTANT CONSERVATION ISSUES AT THE ANNUAL LAND TRUST LOBBY DAY HELD ANNUALLY IN WASHINGTON DC. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preservation Public Use | Yes (X) | PreservationPublicUseInd |
| Protection Natural Habitat | Yes (X) | ProtectionNaturalHabitatInd |
| Preservation Open Space | Yes (X) | PreservationOpenSpaceInd |
| Historic Land Area | Yes (X) | HistoricLandAreaInd |
| Total Easements | 284 | TotalEasementsCnt |
| Total Acreage | 108857.00 | TotalAcreageCnt |
| Modified Easements | 1 | ModifiedEasementsCnt |
| States Easements Held | 1 | StatesEasementsHeldCnt |
| Written Policy Monitoring | Yes (1) | WrittenPolicyMonitoringInd |
| Staff Hours Spent Enforcement | 7000.00 | StaffHoursSpentEnforcementCnt |
| Expenses Incurred Enforcement | $256,414 | ExpensesIncurredEnforcementAmt |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,942,040 | OtherCostOrOtherBasisAmt |
| Book Value | $9,942,040 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $69,966 | OtherCostOrOtherBasisAmt |
| Depreciation | $27,064 | DepreciationAmt |
| Book Value | $42,902 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $9,984,942 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ACCRUED VACATION | $11,315 |
| LAND CONTRIBUTION PAYABLE | $6,727,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $6,738,315 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $2,956,543 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$441,605 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $11,397 | OtherRevenueAmt |
| Revenue Not Reported | -$430,208 | RevenueNotReportedAmt |
| Revenue Subtotal | $3,386,751 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $3,386,751 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,388,679 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $11,397 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $11,397 | ExpensesNotReportedAmt |
| Expenses Subtotal | $1,377,282 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $1,377,282 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART II, LINE 9: | THE FOOTNOTES TO THE AUDITED FINANCIAL STATEMENTS REFLECT THE FOLLOWING: "VARIOUS LANDS AND LEGAL RESTRICTIONS ON LANDS ARE DONATED TO THE TRUST FOR PURPOSE OF PRESERVATION. AS OF JUNE 30, 2015 AND 2014, THE TITLE TO APPROXIMATELY 781 ACRES OF LAND, WHICH CONSISTS PRIMARILY OF MARSH, HAD BEEN DONATED TO THE TRUST. THE TRUST RECORDS IN THE CONSOLIDATED FINANCIAL STATEMENTS THE ESTIMATED FAIR MARKET VALUE AT THE TIME OF THE DONATION OF LAND TO WHICH IT HOLDS TITLE. CONSERVATION EASEMENTS AND DEED RESTRICTIONS ARE RECORDED AT NOMINAL VALUE IN THE FINANCIAL STATEMENTS. AS OF JUNE 30, 2015 AND 2014, CONSERVATION EASEMENTS HAD BEEN GRANTED TO THE TRUST ON 111,794 AND 103,026 ACRES." |
| PART X, LINE 2: | MANAGEMENT HAS EVALUATED THE CORPORATION'S TAX POSITIONS AND CONCLUDED THAT THE CORPORATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENTS EXPENSES |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSES |
| PART XII AND XIII, LINE 2D | OTHER RECONCILING ITEMS CONSIST OF FUNDRAISING EXPENSES IN THE AMOUNT OF $11,397 THAT HAVE BEEN NETTED AGAINST EVENT REVENUE ON PAGE 9, PART VIII. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Agrmt Prof Fundraising Acty | 0 | AgrmtProfFundraisingActyInd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | SPRING SHOOT | Event1Nm |
| Gross Receipts Event1 | $24,729 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $24,729 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $11,397 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $24,729 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $24,729 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $11,397 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $11,397 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $13,332 | NetIncomeSummaryAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELIZABETH M HAGOOD | PersonNm |
| Title | FORMER EXECUTIVE DIRECTOR | TitleTxt |
| Base Compensation Filing Org | $134,250 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $0 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $134,250 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 9 | ContributionCnt |
| Noncash Contributions Rpt F990 | $28,465 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV OF STOCK ON DATE OF | MethodOfDeterminingRevenuesTxt |
Qualified Contrib Other QualifiedContribOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 9 | ContributionCnt |
| Method Of Determining Revenues | NO MARKETABLE VALUE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (5 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | MISCELLANEOUS | 14 | $6,334 | FAIR MARKET VALUE |
| Yes (X) | FOOD | 9 | $4,632 | FAIR MARKET VALUE |
| Yes (X) | EVENTS | 11 | $3,173 | FAIR MARKET VALUE |
| Yes (X) | EQUIPMENT | 5 | $2,191 | |
| Yes (X) | TRANSPORTATION | 2 | $930 | FAIR MARKET VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 3 | AS PART OF LOLT'S STRATEGIC PLAN IT HAS GROWN THE ECR DIVISION AND DEVOTED ADDITIONAL RESOURCES TO IT WITH SIGNIFICANT CONSERVATION OUTCOMES BY FOCUSING ON DEVELOPING TRUST AND COMMUNICATION WITHIN THE COMMUNITY. |
| FORM 990, PART VI, SECTION A, LINE 4 | THE BOARD OF TRUSTEES APPROVED A CORPORATE RESTRUCTURING IN ORDER TO REFLECT ORGANIZATIONAL GROWTH AND INCREASED DIVERSIFICATION OF STRATEGIC INITIATIVES UNDERTAKEN TO REFLECT THE LAND TRUST'S EXPANDING ROLE IN REGIONAL CONSERVATION. THE MAXIMUM NUMBER OF TRUSTEES WAS INCREASED FROM 17 TO 21. |
| FORM 990, PART VI, SECTION B, LINE 11 | FORM 990 IS REVIEWED BY THE STAFF ATTORNEY AND CONTROLLER, APPROVED BY THE FINANCE COMMITTEE, AND REVIEWED BY THE BOARD OF TRUSTEES PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE PRESIDENT, BOARD CHAIR, AND STAFF ATTORNEY, ALONG WITH A COMMITTEE OF THE BOARD OF TRUSTEES REVIEW THE CONFLICT OF INTEREST STATEMENTS ON AN ANNUAL BASIS. STAFF ATTORNEY MONITORS BOARD MEETINGS, COMMITTEE MEETINGS AND OPERATIONS TO IDENTIFY AND ADDRESS POTENTIAL CONFLICT ISSUES PRIOR TO MEETINGS. DURING COMMITTEE MEETINGS THE POLICY IS ENFORCED BY THE CHAIR PERSON. |
| FORM 990, PART VI, SECTION B, LINE 15 | DETERMINING SALARY FOR THE PRESIDENT WAS SUBSTANTIATED BY REVIEWING THE LTA NATIONAL SALARY SURVEY, SURVEYING LOCAL ORGANIZATIONS, AND WAS BASED ON YEARS OF EXPERIENCE AND EXPERTISE. SALARY WAS APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. |
| FORM 990, PART XI, LINE 2C | THE PROCESS FOR OVERSIGHT OF THE AUDIT AND REVIEW OF THE FINANCIAL STATEMENTS HAS NOT CHANGED FROM THE PREVIOUS YEAR. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|
| WADMACON LLC | |||||||
| 43 WENTWORTH STREET | CHARLESTON | SC | 29401 | HOLDS PROTECTED LAND | SC | $356,600 | LOLT |
| BACONS BRIDGE LLC | |||||||
| 43 WENTWORTH STREET | CHARLESTON | SC | 29401 | TRANSFER OF LAND INCLUDED A REVERTER CLAUSE. EXISTS IN PERPETUITY. | SC | LOLT | |
| ASHEM LLC | |||||||
| 43 WENTWORTH STREET | CHARLESTON | SC | 29401 | HOLDS OPTION FOR OFFICE SITE | SC | LOLT | |
| ANGEL OAK LLC | |||||||
| 43 WENTWORTH STREET | CHARLESTON | SC | 29401 | HOLDS PROTECTED LAND | SC | $343,100 | LOLT |
| QUEMBY BARONY LLC | |||||||
| 43 WENTWORTH STREET | CHARLESTON | SC | 29401 | HOLDS PROTECTED LAND | SC | $100 | LOLT |
| FRENCH QUARTER CREEK LLC | |||||||
| 43 WENTWORTH STREET | CHARLESTON | SC | 29401 | HOLDS PROTECTED LAND | SC | $1,897,500 | LOLT |
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